JPMorgan Is Now Valued More Than Its 3 Largest Competitors Combined: 'We're Quite Cautious to Just Declare Victory'
Sherin Shibu
created: July 16, 2025, 8:58 p.m. | updated: July 17, 2025, 1:43 p.m.
JPMorgan is worth more than Citigroup, Bank of America, and Wells Fargo all put together.
In the first half of the year, JPMorgan's market value reached nearly $800 billion, more than the market values of its competitors Citigroup ($168 billion), Bank of America ($344 billion), and Wells Fargo ($260 billion) combined.
"All of our major bank competitors are back growing and expanding," Dimon said on an earnings call on Tuesday.
On Tuesday, Citi reported a net income of $4.02 billion, up 25% from the same period last year.
The same day, Wells Fargo surpassed profit estimates with a net income of $5.49 billion, up from $4.91 billion a year prior.
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